NAB 0.57% $38.36 national australia bank limited

Just watching the news on channel 7.The guy from westpac said...

  1. 3,792 Posts.
    Just watching the news on channel 7.

    The guy from westpac said that NAB is down 30 cents cause people are expecting a 18% fall in profit??

    Does that mean if profit is only down 12% we might see a big rally tommorow???

    Comparatively NAB looks very cheap.

    my "guess" is tommorow will be a reasonably strong up day for NAB, the start of a new small term uptrend.

    Dividends & high prices for Irish banks the main drivers.

    Cheers.

 
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